The Cost Of The Increase Year After Year Essay

1449 Words Jan 3rd, 2016 6 Pages
College is one of the most important things people can do in their lives. It impacts everything afterwards. It affects everything from quality of life to overall happiness. Although the cost of the degree continues to increase year after year, so do the benefits. The debt may be suffocating at first, but the degree is truly worth the debt. According to Nces.ed the median salary for adults twenty five through thirty four years old who worked full time was thirty four thousand dollars a year. according to UsDavis.edu the poverty line for a family of four is twenty two thousand a year. This seems to leave a lot of money left over, but with just seven thousand left over a year to live on, someone would not lead an exciting life. Even if there was no family to feed. A life with this low of income would not be filled with fun or excitement, it would be a small house, an old car, and a constant need to work in an effort to get more money.
Payscale.com reports that the median salary for someone with a bachlors degree to be fourty thousand dollars, fifteen thousand dollars more than that of a highschool graduate. The cost of a bachelor 's varies greatly by college and state, but they average about fifteen thousand dollars. The fifteen thousand more a year means that in as little as a year the bachelor 's degree has already payed for itself, and when paying back loan the quality of life if still often greater than if there was no debt or college degree. This only proves how…

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